Mr. Bonn Smith reports

GOLDHAVEN ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT ON THE POWERLINE URANIUM PROJECT

Goldhaven Resources Corp. has filed on SEDAR+ an independent technical report prepared in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects), which concluded that the Powerline uranium project is a property of merit that warrants an extensive multiphased exploration and drill program.

Goldhaven chief executive officer Bonn Smith stated: "The first drill hole will be carried out close to the historic Samson well near the centre of the Powerline property as the gamma ray readings in that well at certain depths are quite literally off the charts. Once we gather core from the anomalous depths, we will be able to determine continuity of the uranium mineralization in this section of the property, as well as increase our confidence in the estimated uranium grade throughout the Powerline project."

Attractive uranium grades

The Powerline uranium project lies within sedimentary rocks (sandstone) of the Colorado plateau. With sandstone-style uranium deposits, grades in the 0.01-per-cent-triuranium-octoxide range can be attractive due to the advent of in situ leaching mining practices.

Historical gamma ray geophysical logs within the Samson well (near the centre of the Powerline property) indicate a 35.4-metre-(116-foot)-thick zone of uranium mineralization within which a 19.0-metre-(62.4-foot)-thick section is estimated to have a uranium grade of 0.0258 per cent U3O8 (Hite, 2015).

This estimate of uranium grade is based upon interpretation of gamma ray geophysical logs carried out in the well when it was drilled in 2007. The information from these logs is considered reliable and relevant to uranium mineralization since the logging instrument was calibrated to detect shale units that are of interest in oil and gas drilling and are likely to underestimate the uranium content in the anomalous zone.

A qualified person has not done sufficient work to classify these historical grade estimates as accurate, and the issuer is not treating the historical estimates as valid. A drill hole planned in phase 1 is designed to recover core for assay and carry out new gamma ray logging to provide calibration data for more precise grade interpretation.

The full report dated April 15, 2024, and entitled "NI 43-101 Technical Report on the Powerline Uranium Project, Grand County, Utah, USA," can be found on the company's website and on SEDAR+ under the company's issuer profile.

Qualified person

Seymour M. Sears, BA, BSc, PGO, a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects), has read and approved all technical and scientific information contained in this news release.

About Goldhaven Resources Corp.

Goldhaven is a Canadian junior metal exploration company focused on acquiring and exploring mineral exploration targets in North America. The company is making exploration progress at its Smoke Mountain property, which is located in the highly prospective central B.C. porphyry-epithermal belt, where a new 2.5-kilometre-long copper-gold-zinc mineralization trend has been identified. Pro-active engagement with stakeholders and indigenous rightsholders to achieve mutually beneficial relationships is an integral part of Goldhaven's strategy.

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